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CyberVein Stock

CyberVein

CVT

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CyberVein Whitepaper

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CyberVein FAQ

### What is CyberVein (CVT)?

CyberVein's big-data solution is designed around the PISR (Private, Interlink, Secure, Robust) distributed database model. Database operations are recorded on the CyberVein blockchain network, which operates on a Proof-of-Contribution (PoC) consensus mechanism. This solution targets enterprise-level customized services within the "blockchain + big-data" domain. CVT is the native utility token utilized for: * Storage payment: Data owners remit the corresponding storage fees based on the file size and bandwidth consumed during the process. * Computing power payment: Payments from users to owners for usage, and compensation to software developers, are exclusively conducted in CVT. * Data exchange: On CyberVein's federated learning platform, data acquirers purchase data at a price agreed upon by both parties for distributed modeling applications. * CROSS NFT issuance payment: Dapp businesses are required to pay for storage and data exchange based on the network resources utilized, and may use CyberVein tokens as a method of payment to issue NFTs or conduct business according to their chosen business model. CyberVein tools include: * PISR Consortium database: Provides enhanced data management through safe and reliable virtual machine operation and user data maintenance. It efficiently aggregates upstream data and enables data traceability and tracking to ensure the reliability of data sources and outputs. This facilitates cross-level and cross-departmental data sharing, enhancing the timeliness, diversity, stock, and density of data to realize its commercial value and effectively address issues in data flow. * DAG storage chain: Offers safer data storage with improved efficiency, eliminates block confirmations, reduces transaction fees, and removes the need for miners. It supports asynchronous verification and parallel processing of each node; the more nodes, the faster the speed and scalability, enhancing overall scalability. The database backup on the DAG storage chain provides an additional layer of security for businesses. * Cytrix: Facilitates GPU sharing. Nodes can contribute part of their GPU to the network and receive compensation through the Proof of Contribution mechanism. The contributed GPU can support enterprises or individuals in data modeling with federated learning. * Federated Learning Platform: Allows data monetization via a distributed machine learning workflow. Datasets are trained locally, keeping all parties' data local without compromising privacy or violating regulations. Individual terminals return trained models to the server to create a shared model, effectively protecting data privacy and security, resolving information silo issues, and realizing the value of data. The platform also offers algorithms to support data modeling operations by enterprises and individuals. To explore more details, you can visit Eulerpool.

What is the Circulating Supply of CVT Coins?

CyberVein initiated its project on March 26, 2018, with the creation of 2,147,483,648 (~2.1 billion) CVT tokens at its genesis. The token, which is pre-mined, features a fixed supply. CyberVein strategically avoids inflating its token supply—an approach some token economies use that essentially requires token holders to subsidize the network's application activity. Instead, CyberVein is engineered for long-term sustainable operation, primarily deriving revenue from big-data service fees collected through the DAVE alliance. To support network activities during the initial bootstrap phase, a capped reserve pool was established. This pool is designated for ecosystem expansion and for offering proof-of-contribution token rewards. The allocation is as follows: 50% Pool 1 - Long-term Reserves * 30% allocated to Foundation Funds for Long-Term Reserves * 15% allocated to Technology Development * 5% allocated to Marketing Events 36% Pool 2 - Private Sale 10% Pool 3 - Team and Founding Partners 4% Pool 4 - Advisor For further details, you can find information on Eulerpool.

**Who Are the Founders of CyberVein?**

CyberVein's big-data solution was developed by the CV Technology Foundation, with its whitepaper authored by Arthur Yu and Jack Ge. Both individuals will remain integral members of CyberVein’s executive team, with Arthur Yu assuming the role of Global Director and Jack Ge serving as Global Ambassador. For more information, please refer to Eulerpool.

Where Can I Purchase CyberVein Token (CVT)?

CyberVein (CVT) can be accessed on a variety of exchanges, including Poloniex, Bittrex Global, OKEx, MXC, Bitbns, among others. Certain platforms provide the option to use fiat currencies for transactions, which can be done via bank transfer or credit card. For comprehensive information, please refer to Eulerpool.

What Distinguishes CyberVein? CyberVein stands out in the cryptocurrency landscape for several reasons. First, its data transaction and valuation capabilities enable the efficient utilization and sharing of data assets. By transforming how data is stored and managed, CyberVein promotes a decentralized data economy, ensuring security and integrity through blockchain technology. Moreover, CyberVein integrates a unique consensus mechanism that optimizes data valuation and incentivizes participants. This fosters a collaborative environment where data contributors and consumers can engage with confidence. Additionally, the platform ensures data privacy and protection by employing advanced cryptographic techniques. This focus on security makes CyberVein a reliable option for entities seeking to balance accessibility with data confidentiality. For those interested in exploring further details and analytics about CyberVein, refer to Eulerpool for comprehensive insights and updates.

CyberVein is not simply a blockchain project; it represents a blockchain-based big-data solution. CyberVein specifically addresses security concerns associated with enterprise-level database usage, along with the feasibility of standardized and legalized data monetization. This is increasingly relevant given the rising concerns regarding data privacy breaches and data losses caused by database failures. By installing the PISR database on a server, a consortium database is established among servers, accessible solely by the client, similar to other databases. This setup creates sufficient distributed redundancies, and the states and actions of databases are recorded on the blockchain, functioning like a time machine. This approach ensures that: - A single point of failure does not result in data loss. - Databases can roll back in accordance with the blockchain hash. - Any malicious activities are logged and visible within the consortium database and subsequently denied. - It provides a functional interface for supervisory audits, supports supervisory audit access, and offers comprehensive blockchain index monitoring to ensure operational quality. Additionally, the Directed Acyclic Graph (DAG) storage chain mirrors a sharded copy of the database, extending beyond the consortium database and being stored globally, providing an extra layer of security. The federated learning platform is not a product; it is an innovative workflow that enables machine learning training to be conducted locally on the terminal rather than on a centralized server. This approach ensures that sensitive information remains on the server and is never exposed externally.

Investors interested in CyberVein are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.